Just curious as to ANY interest in them ? Seems like a 20 year call option on shallow water deep Newfield gas - and the price is way low ?
How can you sleep at night ?
SFY has moved from $11s to $14+, corncob. What's wrong with natural gas? The price has been moving up nicely, sparky! Swift Energy is the last value stock in the eagle ford.
Swift Energy is trading at 1/2 book value and 1/2 net tangible assets. SFY has eagle ford acreage, lots of it.
The price of natural gas has advanced roughly 20% in the last 6 months. This should result in a higher price on the sale. Shorts have had their opporutunities to cover already. Party time is coming for patience longs.
The forest is the balance sheet. The quarterly reports are the trees. SFY has a market capitalization of $592M yet has net tang assets of $1072M. SN has a market cap of $1120M and net tang assets of $845M.
SFY has stable management with large stake in the equity.
LACO is trading slightly above cash per share. Can you read a balance sheet ?
CZR is packed with debt. LACO is packed with cash.
It's laughable why you don't make the connections, and the exchange.
Zaza is stock for river boat gamblers using credit cards to play green on a roulette wheel.
Swift Energy SFY is trading at 50% of book value, and 50% of net tang assets. SFY is the last value stock in the eagle ford.
Can Zaza dipsticks read a balance sheet ?
Swift Energy will be the top performing energy stock of 2014. Watch and learn. XOM is only up because of Buffett apostles. Try reading a balance sheet.